Engine-maker WinGD helped by container surge after hitting decade-low

WinGD took a big hit from the pandemic in 2020, with the lowest number of new orders in a decade, the CEO tells ShippingWatch. However, with the surge in the container market came better times for the Swiss engine-maker.

Photo: WinGD

Swiss engine and marine propulsion designer WinGD is finally seeing better days on the horizon after a tough and challenging 2020 that saw some of the lowest order numbers in a decade.

When the pandemic emerged and hit the shipping industry, the impact also reached the engine designer, which competes with MAN Energy Solutions and is a subsidiary of China State Shipbuilding Corporation, CSSC.

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